Celebrating the OECD Anti-Bribery Convention at 20, the FCPA at 40 & Addressing the Challenges Ahead

08:30AM
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11:00AM
Washington College of Law YT01

The 1977 Foreign Corrupt Practices Act paved the way for the landmark 1997 OECD Anti-Bribery Convention requiring major exporting nations to criminalize bribery of foreign public officials in international business. Global enforcement has ratcheted up, spurring enhanced compliance. As a result, bribery from numerous countries has been reduced in international trade and investment. Yet, challenges remain, including securing consistent vigorous global enforcement and addressing solicitation, kleptocracy, and opaque offshore vehicles misused to hide illicit assets. What has been accomplished so far, and what is planned for the future in the fight against corruption in international business?

FEATURING

Stuart Eizenstat, Former Domestic Policy Advisor, President Carter & U.S. Ambassador to the EU, Under Secretary of State & Commerce, Deputy Secretary of Treasury